If the Fed raises the federal funds rate by 50 bps this week and guides toward a terminal rate above 5%, dollar may rebound again especially if Powell’s tone become more hawkish than expected.
Job growth was better than expected in October despite Federal Reserve’s interest rate increases aimed at slowing a relatively strong labour market.
The current uptrend in global stocks may last weeks to months as new risks have become more visible.
So far this year, FOMC committee members have been remarkably united in setting monetary policy. The November minutes will likely reveal a consensus among policymakers that the Fed needs to slow rate...
Technology stocks last week staged their biggest comeback since the global financial crisis. Some investors still are not sold on the sector
The US CPI data, which will be announced later this week, will probably reveal that the Fed's rate rises have already had some effects on the economy. As a result, the data may imply that a 50bp...
Fed officials are planning towards another interest-rate rise of 0.75 percentage points at their coming meeting this week and are likely to debate then whether and how to signal plans to approve a...
Japan intervened in the foreign exchange market on Friday to buy yen for the second time in a month after the currency hit a 32-year low near 152 to the dollar. The next question is: Central banks’...
Stocks slumped most of last week. Then, they unexpectedly surged Thursday, only to tumble again Friday. What happened? It could be another bear rally.